At FedaCash, we’re dedicated to helping businesses unlock cash flow potential with our Invoice Discounting Feature. This tool allows you to convert your unpaid invoices into immediate working capital, ensuring steady cash flow and enabling you to focus on business growth. Here’s a walk through on how to easily use the Invoice Discounting feature on the FedaCash platform.

Step 1: Sign Up or Log In to Your FedaCash Account

If you’re new to FedaCash, the first step is to sign up by creating an account on our platform. It’s quick and easy. Just visit our website, click on the Sign Up button, and fill in your details. If you’re already a registered user, simply log in with your credentials.

Step 2: Navigate to the Invoice Discounting Section

Once you’ve logged in, you’ll be taken to your FedaCash dashboard. Here, you can access all the services we offer. To begin the invoice discounting process, navigate to the Invoice Discounting section and Create request This is where you can submit unpaid invoices for conversion into working capital.

Step 3: Upload Your Unpaid Invoices

In the Invoice Discounting section, you’ll be prompted to upload your unpaid invoices. Ensure the details on the invoice are accurate, as this information will be used to calculate the amount of working capital you’ll receive. Simply click the Upload button and select the relevant invoice files from your device, and fill in the necessary information.

Step 5: Review Request

After uploading your invoice, FedaCash will present you with the discounting terms, including the amount of working capital you’ll receive. Carefully review these terms to ensure they meet your business needs. Once you’re satisfied with the terms, you can proceed by clicking Submit.

Receive Your Working Capital

Once you’ve accepted the terms, FedaCash will process the invoice and convert it into working capital. The funds will be made available in your FedaCash account, typically within a short timeframe. You can now use these funds to cover operational expenses, invest in growth opportunities, or manage any other financial needs.

When your customer pays the outstanding invoice, FedaCash will deduct the advanced amount plus any applicable fees from the total payment. If the invoice remains unpaid past the due date, we’ll work with you to explore flexible repayment options, ensuring that you stay on track without financial strain.

Tips for Maximizing the Invoice Discounting Feature:

• Submit Accurate Invoices: Always ensure your invoices are accurate and detailed to avoid delays in processing.
• Plan for Future Payments: While invoice discounting provides immediate cash flow, remember to plan for the invoice settlement date to manage your finances effectively.
• Use Discounting Strategically: Leverage invoice discounting for critical periods, such as when you need to scale operations or cover important expenses.

Why Use Invoice Discounting?

With FedaCash’s Invoice Discounting feature, you don’t have to wait for delayed payments to move your business forward. You can access funds when you need them most, reducing financial stress and helping you focus on what matters—growing your business.

Ready to Get Started?

Take control of your cash flow today by using the Invoice Discounting feature on FedaCash. Log in to your account and start converting your unpaid invoices into instant working capital. Let FedaCash support your business journey by providing the financial flexibility you need